Malaysia Inflation Rate Up to 1.5% in February

In Malaysia, the inflation rate increased 1.5 percent year-over-year, and 0.2 percent month-over-month in February of 2013, mainly due to a rise in prices for food and non-alcoholic beverages.

The Consumer Price Index (CPI) for the period January to February 2013 increased by 1.4 percent to 106.0 compared with that of 104.5 in the same period last year. Compared with the same month in 2012, the CPI for February 2013 registered an increase of 1.5 percent from 104.5 to 106.1 and when compared with the previous month, the CPI increased by 0.2 percent.

The index for Food & Non-Alcoholic Beverages and Non-Food for the month of February 2013 showed increases of 3.3 and 0.7 per cent respectively as compared to the same month in 2012. For the period January to February 2013, the index for Food & Non-Alcoholic Beverages and Non-Food increased by 2.8 percent and 0.8 percent respectively. Compared with the previous month, the index for Food & Non-Alcoholic Beverages and Non-Food increased by 0.3 and 0.1 percent respectively. The 2.8 per cent increase in the index for Food & Non-Alcoholic Beverages was the result of increases for Food At Home (+ 2.8 percent); Food Away From Home (+ 2.6 percent) and Coffee, Tea, Cocoa & Non-Alcoholic Beverages (+ 1.9 percent). Among the subgroups of Food At Home which showed significant increases during this period were Sugar, Jam, Honey, Chocolate and Confectionery (+ 5.1 percent); Meat (+ 4.1 percent); Vegetables (3.7 percent); Fish & Seafood (+ 3.5 percent); Fruits (+ 2.8 percent); Rice, Bread and Other Cereals (+ 1.8 percent) and Milk & Eggs (+ 1.8 percent).

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